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the michigan senate just followed the statehouse and has now passed a bill to make michigan a right-to-work state. the vote was 22-10-16, if i have that right. just minutes ago on this program, governor reiick snyder said he would sign the bill. now that it's passed, looks like it's going to happen. imagine that. the union workers' paradise going right to work. >>> residents of the los angeles area seniors complex are up in arms over the owner's order to take down the christmas tree because they're religious symbols. the company's owned the complex for four years and won't comment about the order. people who live there a while say this has never happened before. we say, drop the ban and light up that tree and the minoras. let there be no secular tyranny. by the way, they are christmas trees. don't forget that. >>> for a moment, forget about the fiscal cliff. the u.s. is already in a recession and has been since july, according to my next guest. here now with details on this recession call is lakshman achuthan, the distinguished co-founder and chief operating officer of the economic cycle re
the michigan senate just followed the statehouse and has now passed a bill to make michigan a right-to-work state. the vote was 22-10-16, if i have that right. just minutes ago on this program, governor reiick snyder said he would sign the bill. now that it's passed, looks like it's going to happen. imagine that. the union workers' paradise going right to work. >>> residents of the los angeles area seniors complex are up in arms over the owner's order to take down the christmas tree...
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it's about the foworkers of michigan. they work hard to provide for their families and grow our great state. it's clear they are focused on politics. we're focused on the hard-working men and women who make our state so great. >> what i gather from news reports -- tell me if this isn't right. the teachers union is boycotting and starting to close schools tomorrow in protest. that sort of thing happens, they ought to get fired. first of all, is it true? are they going to boycott school days and hurt the kids? >> we are seeing kids closed because teachers are calling in. it's unfortunate. they need to put kids first. we need to put our future first. that's what the law does. if we get to the debate on the issue, we're asking to give workers the choice so they can make the decision about which organizations they want to join and which they don't want to join. unfortunately a lot of politics get drug in. the issue gets put aside. unfortunately politics demonstrates -- just takes over the issue. we're not going to let it happe
it's about the foworkers of michigan. they work hard to provide for their families and grow our great state. it's clear they are focused on politics. we're focused on the hard-working men and women who make our state so great. >> what i gather from news reports -- tell me if this isn't right. the teachers union is boycotting and starting to close schools tomorrow in protest. that sort of thing happens, they ought to get fired. first of all, is it true? are they going to boycott school...
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allen in michigan. >> jim, booyah. i'm holding sprint and i've had a descent gain. i don't want you to take that gain. i want to buy one. do not sell sprint it is a good one. matt in michigan. i was wondering about toyota or ford. i pulled up with the subaru guy. i prefer ford to toyota. >> tracy in arkansas. >> yes, booyah. >> ctlp or cplp. >> okay yeah. it is an mlp. we are going with the tried and true. let's go to bo in missouri. i don't think it does anything either way. i want to buy berkshire hathaway. let's go to corey. >> how about the red skins? >> alfred morris has put me 7 and 6. the pringles is good. management has it together and that is for me. and that is the conclusion of the lightening rount. coming up. rise above. cramer is keeping you one stead ahead. tonight he is getting information from the ceo of national bank. na fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll
allen in michigan. >> jim, booyah. i'm holding sprint and i've had a descent gain. i don't want you to take that gain. i want to buy one. do not sell sprint it is a good one. matt in michigan. i was wondering about toyota or ford. i pulled up with the subaru guy. i prefer ford to toyota. >> tracy in arkansas. >> yes, booyah. >> ctlp or cplp. >> okay yeah. it is an mlp. we are going with the tried and true. let's go to bo in missouri. i don't think it does anything...
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>> caller: booyah from michigan, jim. >> i'm liking michigan. i'm liking brady from michigan. can you believe he was a walk on? >> caller: today discover said their card use is up, they're hiring folks from more business. is it time to get more of discover? and second one, do you think ebay can squash them and buy them out? >> no, i don't think they'll do that. i do like ebay very much. i actually like discover. but it's mastercard, then ebay, then discover. i was a little surprised it was a little weak but the stock has had a major run. john in california. >> caller: booyah, jim, from the sacramento valley of northern california. >> what's going on? >> caller: anyway, i got -- i noticed some activity in the house building around here back around northern california, sacramento valley. my play is berkshire b. what do you think of that? >> i think it actually made sense. i campaigned for that to be a housing and insurance company stock. i think you're dead on, i think it's a great buy. i think you're getting them pretty cheap if i do say so myself. keep one eye on the paralysis
>> caller: booyah from michigan, jim. >> i'm liking michigan. i'm liking brady from michigan. can you believe he was a walk on? >> caller: today discover said their card use is up, they're hiring folks from more business. is it time to get more of discover? and second one, do you think ebay can squash them and buy them out? >> no, i don't think they'll do that. i do like ebay very much. i actually like discover. but it's mastercard, then ebay, then discover. i was a...
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allen in michigan. >> jim, booyah. i'm currently holding sprint and i've had a pretty decent gain. >> i don't want you to take that gain. i want to buy one. do not sell sprint it is a good one. matt in michigan. >> i was wondering about toyota or ford. >> i pulled up with the subaru guy. their business is good. i prefer ford to toyota. tracy in arkansas. >> yes, booyah. >> ctlp or cplp. >> okay yeah. it is an mlp. i've not like international shipping. we are going with the tried and true. let's go to bo in missouri. >> tell me about pepsico. >> i don't think it does anything either way until next quarter. i want to buy berkshire hathaway. a great housing play. let's go to corey in north carolina. >> how about the red skins last night? >> alfred morris has put me at 7 and 6 in my fantasy league. the pringles is good. raw costs coming down. management has it together and kellogg is for me. and that is the conclusion of the lightning round. coming up. rise above. cramer is keeping you one step ahead of the fiscal cliff fi
allen in michigan. >> jim, booyah. i'm currently holding sprint and i've had a pretty decent gain. >> i don't want you to take that gain. i want to buy one. do not sell sprint it is a good one. matt in michigan. >> i was wondering about toyota or ford. >> i pulled up with the subaru guy. their business is good. i prefer ford to toyota. tracy in arkansas. >> yes, booyah. >> ctlp or cplp. >> okay yeah. it is an mlp. i've not like international shipping....
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this time in michigan. that after talking with house speaker john boehner over the weekend. their firps one on one in weeks. is that why republicans are saying they would swallow higher taxes for the right deal on spending cuts? we'll talk to tom cole who is making that case in just a few minutes. >>> bmw and mercedes are looking for the best selling luxury brand in the united states. wait until you hear what your money can get you these days. you're watching cnbc. ...so as you can see, geico's customer satisfaction is at 97%. mmmm tasty. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is computer animated. it's not real. geico's customer satisfaction is q rea this computer-animated coffee tastes dreadful. geico. 15 minutes could save you 15 % or more on car insurance. someone get me a latte will ya, please? >>> is the u.s. consumer in trouble? the front page on this morning's "wall street journal" says yes. but are holiday sales and shipping proving otherwise? courtney reag
this time in michigan. that after talking with house speaker john boehner over the weekend. their firps one on one in weeks. is that why republicans are saying they would swallow higher taxes for the right deal on spending cuts? we'll talk to tom cole who is making that case in just a few minutes. >>> bmw and mercedes are looking for the best selling luxury brand in the united states. wait until you hear what your money can get you these days. you're watching cnbc. ...so as you can...
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michigan governor rick snyder said he will sign that bill. more than 12,000 workers crowded into michigan state capital as legislature began debating right to work law. that prohibits unions from compelling members to be members and pay dues. security was tight. police in rite gear and carrying spray canisters on their belts. >>> what happens to the u.s. economy if we do go over the cliff? >>> the government cashes out of aig. what's next for the company and for the ceo? but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. so i never missed a beat. that's health in numbers. unitedhealthcare. tdd#: 1-800-345-2550 at schwab, we're committed to offering you tdd#: 1-800-345-2550 low-cost investment options-- tdd#: 1-800-345-2550 like our exchange traded funds, or etfs tdd#: 1-800-345-2550 which now have the lowest tdd#: 1-800-345-2550 operating expenses tdd#: 1-800-345-2550 in their respective tdd#: 1-800-345-2550 lipper categories. tdd#: 1-800-345-2
michigan governor rick snyder said he will sign that bill. more than 12,000 workers crowded into michigan state capital as legislature began debating right to work law. that prohibits unions from compelling members to be members and pay dues. security was tight. police in rite gear and carrying spray canisters on their belts. >>> what happens to the u.s. economy if we do go over the cliff? >>> the government cashes out of aig. what's next for the company and for the ceo? but...
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. >> meantime, tensions boiling over in michigan. big labor unleashing its fury as the governor writes a right to work legislation into law. a live report from there next. goldman sachs ceo live from the deal book conference in a cnbc exclusive. what's his take on the fiscal cliff, the economy and regulatory land scape. [ male announcer ] with wells fargo advisors envision planning process, it's easy to follow the progress you're making toward all your financial goals. a quick glance, and you can see if you're on track. when the conversation turns to knowing where you stand, turn to us. wells fargo advisors. ♪ [ male announcer ] 'tis the season to discover the kid in all of us. enjoy free shipping and great values on your holiday shopping from l.l. bean. >> meantime, tensions boiling regulatory landscape. >>> welcome back. i wanted to take a look at shares of berkshire hathaway. earlier, right at the open, berkshire shares were halted. it was unclear why. then we got the news, a significant repurchase of -- or purchase, i should sa
. >> meantime, tensions boiling over in michigan. big labor unleashing its fury as the governor writes a right to work legislation into law. a live report from there next. goldman sachs ceo live from the deal book conference in a cnbc exclusive. what's his take on the fiscal cliff, the economy and regulatory land scape. [ male announcer ] with wells fargo advisors envision planning process, it's easy to follow the progress you're making toward all your financial goals. a quick glance, and...
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the right-to-work law gets passed in michigan. hostess liquidates its brands after a battle with its unions leaving 18,000 without a job and now the show may not go on for some theaters on broadway as union members are authorizing a stray. just about 12% of all workers belong to a union in had country today, 12%. it's leading some to wonder does it pay to become a union member anymore. justin wills ops of the center for union facts says the union label is toxic to the label and our other guest takes a different view. justin, you say the union brand is toxic to many workers and companies. make the case. >> got to a point where the modern unionizing schemes unions doesn't call themselves unions anymore. in the case of new york city they launched a campaign to try to unionize the fast food restaurant. they didn't call it the fast food restaurant unsions, they called it fast food forward. at this point i think unions are finally realizing that their brand is so toxic that they actually need to start rebranding themselves because frank
the right-to-work law gets passed in michigan. hostess liquidates its brands after a battle with its unions leaving 18,000 without a job and now the show may not go on for some theaters on broadway as union members are authorizing a stray. just about 12% of all workers belong to a union in had country today, 12%. it's leading some to wonder does it pay to become a union member anymore. justin wills ops of the center for union facts says the union label is toxic to the label and our other guest...
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that's what president obama will be talking about in michigan today. keeping the public pressure on. but the part for the administrator point of view, tyler, is what do they live john boehner so he can bring his troops along, entitlement, spending cuts, to tell their members we got a good deal. >> john, i find it curious to find that president spent as much time as he has on the road trying to drum up support for this deal. we just had an election all about this. why does not white house figure that these kinds of appearances are helpful when both sides positions are pretty well locked in already? >> because this president and this white house have concluded that public pressure is what will make republicans bargain with him and deal on his terms. after the private grand bargain negotiations in the summer of 2011, they concluded they weren't simply going to do it behind closed doors with republicans. president went out and campaigned. he hammered republicans beginning in the fall of 2011. he won the election and he was trying to keep the pressure on to
that's what president obama will be talking about in michigan today. keeping the public pressure on. but the part for the administrator point of view, tyler, is what do they live john boehner so he can bring his troops along, entitlement, spending cuts, to tell their members we got a good deal. >> john, i find it curious to find that president spent as much time as he has on the road trying to drum up support for this deal. we just had an election all about this. why does not white house...
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and michigan state, a lot are leaving and going to other cities. they don't go to suburbs other cities. they want a strong, vibrant urban core. that's what we're trying to help with. >> that's kind of cool. you look at just about every city has had
and michigan state, a lot are leaving and going to other cities. they don't go to suburbs other cities. they want a strong, vibrant urban core. that's what we're trying to help with. >> that's kind of cool. you look at just about every city has had
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. >>> and michigan's governor makes history, turning a one-time union powerhouse
. >>> and michigan's governor makes history, turning a one-time union powerhouse
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it is good to see everybody in the great state of michigan. [ cheers and applause ] >> few people i want it acknowledge. the mayor of detroit is in the house. >> tracy schultz. we've got -- >> the daimler plant. let's get on the dsk settlement. jackie at hq, what are we learning? >> a in, city judge approved a settlement in the civil case against dominique strauss-kahn. details are confidential. the accuser's lawsuit again the new york post has also been settled. we will bring you more as soon as we have it. thank you. back to you. >> thank you, jackie. >>> up next, is the apple growth story over? >> and sale fail. why does jc penney keep changing its strategy? ♪ [ male announcer ] 'tis the season to discover the kid in all of us. enjoy free shipping and great values on your holiday shopping from l.l. bean. enjoy free shipping and great values sfx- "sounds of african drum and flute" look who's back. again? it's embarrassing it's embarrassing! we can see you carl. we can totally see you. come on you're better than this...all that prowling around. yeah, you're the king of the jungle. hav
it is good to see everybody in the great state of michigan. [ cheers and applause ] >> few people i want it acknowledge. the mayor of detroit is in the house. >> tracy schultz. we've got -- >> the daimler plant. let's get on the dsk settlement. jackie at hq, what are we learning? >> a in, city judge approved a settlement in the civil case against dominique strauss-kahn. details are confidential. the accuser's lawsuit again the new york post has also been settled. we will...
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let's go to dan in michigan as i ignore the buzzer. dan. >> caller: hey, jim, thanks for taking my call and thanks for helping me trying to understand the stock market. >> my pleasure. thank you so much for the kind words. >> caller: my question is about w weyerhaeuser. do you think taking some profits -- >> no, no! i think this is a great housing play. i think 2013's going to be big. wy, actionalertsplus.com, we are not a seller. we are a buyer! let's go to james in ohio, please, james. >> caller: yeah, hi, jim. this is james from ohio. >> all righty. >> caller: i'm a big fan of you. what's your opinion on next era energy? >> i am not a big clean energy guy. i like clean energy. i don't agree, by the way, sierra club has come out way too strong against fracking. i'd rather be in kinder morgan. there's an energy company that does cleaner energy, and that's fine for me. and that, ladies and gentlemen, is the conclusion of the "lightning round." >> the "lightning round" is sponsored by td ameritrade. >>> coming up, fearing the worst as w
let's go to dan in michigan as i ignore the buzzer. dan. >> caller: hey, jim, thanks for taking my call and thanks for helping me trying to understand the stock market. >> my pleasure. thank you so much for the kind words. >> caller: my question is about w weyerhaeuser. do you think taking some profits -- >> no, no! i think this is a great housing play. i think 2013's going to be big. wy, actionalertsplus.com, we are not a seller. we are a buyer! let's go to james in...
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michigan will become the 24th u.s. right to work staid state. >>> and cnbc is taking to washington today as we send becky quick, larry kudlow and jim cramim cramer to the white . they'll be leading off with a special mission critical rise above d.c. report. it's part tax. read, becky? >> like you said, we are occupying washington. this is where we've camped out all night. there's been all this talk about the fiscal cliff. we know it is fact approaching. we know it is something that would threaten not only the united states economy, but the economies around the globe. if we go over that cliff, there will be steep cuts and spending and steep tax increases that would automatically kick in. what we're doing here today is talking to our elected officials, talking to people who are involved in these talks, trying to figure out what will happen, where we are and if there's any way to avoid that cliff, if there's a good way to come about with tax reform and a close look at what's been happening on the spending side, as well. w
michigan will become the 24th u.s. right to work staid state. >>> and cnbc is taking to washington today as we send becky quick, larry kudlow and jim cramim cramer to the white . they'll be leading off with a special mission critical rise above d.c. report. it's part tax. read, becky? >> like you said, we are occupying washington. this is where we've camped out all night. there's been all this talk about the fiscal cliff. we know it is fact approaching. we know it is something...
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was there any effort by the nlrb to interfere with the michigan right to work election allowing workers to decide their own paycheck? any interference by the nlrb for an election that went against unions? >> at this point, we don't see any. but what we do see is this board has been biased in favor of, if you want to union yize they're r you, if not, they're on the other side. and that's part of president obama's -- he doesn't apologize for it -- his pro-union agenda. but it's one of the reasons these right to work states continue to be voted. in fact, an open shop state is a state that's more attractive to business investment. >> sure, absolutely. chairman darrell issa, we preer appreciate your work on this particular investigation. thanks for coming back on the show. >> anytime. >>> switching gears now, portions of the accountability report on benghazi will be released to the public on wednesday, a day ahead of hearings on the raid that took the lives of ambassador chris stevens and three other americans. secretary of state clinton was given the report today but she won't testify thurs
was there any effort by the nlrb to interfere with the michigan right to work election allowing workers to decide their own paycheck? any interference by the nlrb for an election that went against unions? >> at this point, we don't see any. but what we do see is this board has been biased in favor of, if you want to union yize they're r you, if not, they're on the other side. and that's part of president obama's -- he doesn't apologize for it -- his pro-union agenda. but it's one of the...
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kellogg's, i think that is -- battle creek, michigan, terrific food company, jpmorgan, good bank, general mills, well, wait a second, we've got two of a kind. that's a match game one. i'll come back to that. procter, my charitable trust bought today. ibm, also charitable trust. we're going to keep kellogg, we're going to -- oh, boy, penpal's going to get mad at me, but we can't have both of these. we're going to swap out the general mills put in bristol-myers and own jpmorgan, a bank stock and then we will have diversification. ♪ hallelujah >> that makes me feel at home. let's go to scott in west virginia. scott? >> caller: hey, jim. i've got kellogg, k, norfolk southern, nfc, disney, dis, abbott laboratories, abt, bank of america, bac. >> mountaineers, wasn't their year, like that team, though. okay. here we go. disney, doing a remarkable job. did anyone else like it besides me after that quarter? i stuck by it. bank of america, financial, abbott drug company, norfolk southern, kellogg food, it's a food, transport, drug, entertainment, bank, bingo, perfect! i wouldn't change a thing. "
kellogg's, i think that is -- battle creek, michigan, terrific food company, jpmorgan, good bank, general mills, well, wait a second, we've got two of a kind. that's a match game one. i'll come back to that. procter, my charitable trust bought today. ibm, also charitable trust. we're going to keep kellogg, we're going to -- oh, boy, penpal's going to get mad at me, but we can't have both of these. we're going to swap out the general mills put in bristol-myers and own jpmorgan, a bank stock and...
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on the michigan capital building today. they plan to protest a likely passage of a right to work law. the republican-controlled mission house will consider two and perhaps as many as three bills today that would prohibit unions from sourcing private sector workers and government employees to pay union dues. michigan would then become the 24th so-called right to work state. >>> and jpmorgan is jumping to first place in a u.s. customer satisfaction survey. its three biggest rivals, posting a decline in their scores, including perennial lead her wells fargo. but the index finds smaller banks and credit unions continue to record higher numbers than all large banks. >>> let's go to the futures pits now and talk to kevin ferry at cronus futures management. kevin. >> good morning, andrew. >> set up the week for us, if you could, sir. >> okay. well, interestingly, the political situation has kind of kept the fed on the back burner, because it's probably going to be one of the most important and open meeting that they've had -- we'v
on the michigan capital building today. they plan to protest a likely passage of a right to work law. the republican-controlled mission house will consider two and perhaps as many as three bills today that would prohibit unions from sourcing private sector workers and government employees to pay union dues. michigan would then become the 24th so-called right to work state. >>> and jpmorgan is jumping to first place in a u.s. customer satisfaction survey. its three biggest rivals,...
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on friday there was a preliminary measure of consumer sentiment from the university of michigan that showed a big drop after four months of gains. i can't help but wonder if that's because of all the coverage of the fiscal cliff and how much it plays into the news media. at this point maybe that's a sign for washington, guys, hurry up and get something done, because this really is starting to matter. >> can't emergency until maybe just recently did anyone really said, wow, am i going to get junior this gift? >> everything we talked about is how consumers were still hanging in. but it's two-thirds of the economy. >> a couple weeks ago, consumers and businesses alike weren't really investing. they were only spending exactly what they had to to sort of get themselves to the end of the year and that any longer-term investment really wasn't happening. they were putting it on hold. >> where are you on the aussie discharge? >> oh, no. >> the ones who called up and crank called -- >> well, i do believe that, you know, they had to think that they weren't going to get through. i made a prank c
on friday there was a preliminary measure of consumer sentiment from the university of michigan that showed a big drop after four months of gains. i can't help but wonder if that's because of all the coverage of the fiscal cliff and how much it plays into the news media. at this point maybe that's a sign for washington, guys, hurry up and get something done, because this really is starting to matter. >> can't emergency until maybe just recently did anyone really said, wow, am i going to...
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. >> so consumer electronics, plastics, fabricated metals -- >> the president's in michigan today with extension from daimler. >> no, that's right. ironically michigan might vote to become a right-to-work state which could help their manufacturing competitiveness, as well. but thatroceeen going on for 20 years. now, look, we think we probably need to cut the corporate tax rate and have a territoriality agreement so we stop trying to tax profits of u.s. domiciled countries twice. but if we can do those things we think manufacturing will start coming back. it's not going to really happen in a major way in '13. but you know, '14, '15, these benefits will start to accrue to the economy and if it looks like there's a real strong case for a pickup in earnings growth, in '14, then the market will start to price that in the backup of '13. >> we spend so much time talking about what's going to happen in washington over the next 20 days. it's nice to actually have a conversation about what will happen in the next twelve months. brarry, thank you so much. >> i had to force myself to do it. >> bar
. >> so consumer electronics, plastics, fabricated metals -- >> the president's in michigan today with extension from daimler. >> no, that's right. ironically michigan might vote to become a right-to-work state which could help their manufacturing competitiveness, as well. but thatroceeen going on for 20 years. now, look, we think we probably need to cut the corporate tax rate and have a territoriality agreement so we stop trying to tax profits of u.s. domiciled countries...
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>> we're looking for university of michigan, and it should come out momentarily. 72.9. so 72.9 on university of michigan sentiment survey. of course, this is the december final. it's going to be comped to 74.5. but that's a little bit disingenuous. it really should be comped at 82.7. that was the final reit to last month. we definitely take a bit of a backup here. how does 72.9 fit in. we vice president been below 72 point 9 since july. it was 72.3. maybe a little bit of a disappointment. of course, last night's issue with the vote, obviously didn't make the survey. but it will make the survey of what the markets try to define for the rest of the day. back to you. >> all right. thank you, rick santelli. jim, you know, let's talk about what's on "mad" tonight. >> tipco is one of these stocks, there's a bunch of them, i mentioned red hat. these are companies, s.a.p., oracle, you bring them in and you save money. you go to harrah's, and it's put together by their team. you know when you go into amazon, david let's say you like books on gardening, the next thing i know it p
>> we're looking for university of michigan, and it should come out momentarily. 72.9. so 72.9 on university of michigan sentiment survey. of course, this is the december final. it's going to be comped to 74.5. but that's a little bit disingenuous. it really should be comped at 82.7. that was the final reit to last month. we definitely take a bit of a backup here. how does 72.9 fit in. we vice president been below 72 point 9 since july. it was 72.3. maybe a little bit of a disappointment....
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northern michigan, he could see fairly significant snow, some places up to a foot or so. but that snow, that system which means so much to millions of americans is going to drive its way eastward, bringing rain, strong storms ahead of it and what you can expect point by point. eastern third of the country, pretty quiet, at least along the coast. it's the ohio valley, mid mississippi valley where you can have snow and rain. let's wrap it up and send it back to you. >> perfect. reynolds wolf, if you're just joiningous "worldwide exchange," these are your headlines. the boj increases asset purchases for the on ferd time since august. it could be announced today. brinksmanship continues as president obama threatens to veto john boehner's plan b for the fiscal cliff. >>> and russia's richest man, alisher usmanov was one of a group of early facebook investors who achieved spectacular returns. geoff cutmore asked mr. usmanov just what prompted him to make that investment in the first place. >> what i saw in facebook from the start was an attractive investment opportunity. i beli
northern michigan, he could see fairly significant snow, some places up to a foot or so. but that snow, that system which means so much to millions of americans is going to drive its way eastward, bringing rain, strong storms ahead of it and what you can expect point by point. eastern third of the country, pretty quiet, at least along the coast. it's the ohio valley, mid mississippi valley where you can have snow and rain. let's wrap it up and send it back to you. >> perfect. reynolds...
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Dec 27, 2012
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. >>> a major investment in michigan, that story next, and more from our guest host who is once, twice, three times a bank ceo. [ male announcer ] this december, remember -- you can stay in and share something... or you can get out there and actually share something. ♪ the lexus december to remember sales event is on. this is the pursuit of perfection. >>> welcome back to "squawk box." dow looks like it would open 25 points higher, up almost two points, the nasdaq a little over close to two and a half points. making headlines, ford plans to invest more than $773 million in new equipment and capacity expansion across six plants in southeast michigan. the automaker has committed to invest $6.2 billion in u.s. plants by 2015 as part of an agreement with the uaw. >>> coming up, our guest host this morning has been john can his, chairman and ceo of bank united. we are going to give him the last word. easy like sunday morning when "squawk" returns. ...so as you s customer satisfaction is at 97%. mmmm tasty. and cut! very good. people are always asking me how we make these geico adverts. so
. >>> a major investment in michigan, that story next, and more from our guest host who is once, twice, three times a bank ceo. [ male announcer ] this december, remember -- you can stay in and share something... or you can get out there and actually share something. ♪ the lexus december to remember sales event is on. this is the pursuit of perfection. >>> welcome back to "squawk box." dow looks like it would open 25 points higher, up almost two points, the nasdaq...
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a stretch of michigan could see mixing. into friday the system makes its way to the east coast. new york dealing with rain in the morning. d.c. may be safe from that. on the back side, a lot of us will be cooling down. a big-time travel week, especially toward the holiday season. so a number of things to keep a close eye. and saturday almost all the -- close eye on. and saturday almost all the snow is lake-effect snow. the eastern edge of the lakes through western p.a., western new york, the better chances for some of the snow with that system. a lot to watch there, guys. >> all right. and you don't -- that's all loaded into your thing. you press -- press it, and it just -- it happened. you don't have like -- you're not pressing snow. you don't have like a rain button or sleet button. you can't just turn that into sleet, can you? >> if i could do it, i would turn atlanta into a ski town. >> that would be good. in denver now, do you know, is it going better than last year -- in the reeks there, do they have a better base? is it looking good for the season, do you know? >> so far,
a stretch of michigan could see mixing. into friday the system makes its way to the east coast. new york dealing with rain in the morning. d.c. may be safe from that. on the back side, a lot of us will be cooling down. a big-time travel week, especially toward the holiday season. so a number of things to keep a close eye. and saturday almost all the -- close eye on. and saturday almost all the snow is lake-effect snow. the eastern edge of the lakes through western p.a., western new york, the...
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chicago, michigan, all those midwestern states, now bracing for a big storm but come a little bit late. >> global warming. that's what people are saying. >> let's check in with bob pisani here on the floor this morning. bob, have you met snoopy yet? >> hey, no haven't met snoopy. everybody here distracted, i think a little news everyone is talking b try to answer issues, people want to know what is going on here. the deal reflectsed diminishing value of the stock trading business and the higher value of the derivatives business. when i say diminishing value, remember the nasdaq ice bid that happened in april 2011? 4253. today's deal, 3312. that's not lost with anybody. a higher p, market cap here. what is going to happen to the stock trading busy in know what they are saying what is really going to happen? a lot of the betting, they will spin off the european part of the cash equities business, retaint u.s. part. however, that does not mean that in the future, you couldn't having? happen. you couldn't spin it off, ipo it in the future, even having current management retain control of t
chicago, michigan, all those midwestern states, now bracing for a big storm but come a little bit late. >> global warming. that's what people are saying. >> let's check in with bob pisani here on the floor this morning. bob, have you met snoopy yet? >> hey, no haven't met snoopy. everybody here distracted, i think a little news everyone is talking b try to answer issues, people want to know what is going on here. the deal reflectsed diminishing value of the stock trading...
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joining us now from domino's headquarters in ann arbor, michigan, is domino's ceo patrick draw. patrick, are you -- can you do this? i really should recuse myself. i had -- >> he's already been eating the pea sxwap. >> and last night i ordered two pizzas and garlic bread. it was like $31, patrick. you guys are -- you're doing all right for yourself. i have to let becky do this interview because i'm bias. >> and did you deliver those pizzas? i don't think you did. i think we already did some -- how is pizza? you redid the menu. are you where you want to be in terms of the new menu and quality at dominos? >> yeah, we absolutely are. business has been great the last couple of years. you know, through the third quarter it was still strong this year. worry about europe a little bit. we've still held together there. that's the region of the world we worry about more than others. asia is still strong. latin america has held up pretty well. >> do you have plans to get any healthier? is that something -- i'm not saying you're not, but you know the way to political winds are blowing, you'
joining us now from domino's headquarters in ann arbor, michigan, is domino's ceo patrick draw. patrick, are you -- can you do this? i really should recuse myself. i had -- >> he's already been eating the pea sxwap. >> and last night i ordered two pizzas and garlic bread. it was like $31, patrick. you guys are -- you're doing all right for yourself. i have to let becky do this interview because i'm bias. >> and did you deliver those pizzas? i don't think you did. i think we...
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they had rallied back after the university of michigan data. they were back at the morning's highs. people said, wait a minute. if it's a deal, wouldn't both of them be making a statement. it's something that you keep in the back of your mind. if you ever hear they're going to make a joint statement, the mashlt will probably take off, sensing that that's the deal. this morning they pulled back in anticipation of his speaking because he was speaking along and then they pulled back on his statement which seems edseemed progress so far. >> it might be a free pass. so many different variables. sandy, the election, holiday workers. you say three asterisks. >> yeah, i think it has to have three asterisks, it doesn't fit in with initial claims and other items. they said sandy had no impact on the number. i think that may be because the number was basically taken before the impact was held. i think they're going to see a lot of revisions here. >> next week setting up. it's going to be another big one. same store sales from various companies and, of course, the fed. >> the fed is important.
they had rallied back after the university of michigan data. they were back at the morning's highs. people said, wait a minute. if it's a deal, wouldn't both of them be making a statement. it's something that you keep in the back of your mind. if you ever hear they're going to make a joint statement, the mashlt will probably take off, sensing that that's the deal. this morning they pulled back in anticipation of his speaking because he was speaking along and then they pulled back on his...